Today's Rates:

    Seattle Bank Advance Offerings

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    The Seattle Bank is pleased to announce the Forward Settling Advance. Similar to a fixed-rate bullet advance, the Forward Settling Advance has the added benefit of the forward settlement feature, which allows a borrower to trade an advance on a given day, and take settlement of funds at a designated point in time. Use the Forward Settling Advance to satisfy future consumer and commercial loan demand while earning acceptable spreads and prudently hedging the associated interest-rate risk.

    For more information, read our funding strategy and contact the Funding Desk (800.973.6223) to discuss terms and levels.

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    The Seattle Bank’s Symmetrical Prepayment Advance allows a borrower to prepay an advance—and realize a gain—if interest rates rise to levels greater than those that existed when the advance was originated. These fixed-rate advances are available in terms ranging from one to 30 years, with funds available same day. The minimum advance balance is $5.0 million (per note), and prepayment is available daily, subject to advance notice.

    Rates as of Wednesday: 5/16/2012

    3-year: 0.98%
    4-year: 1.26%
    5-year: 1.58%

    Please read the Symmetrical Prepayment Advance funding strategy for more information. Call 800.973.6223 to place your order!

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    The Seattle Bank is pleased to announce the availability of Short-Term CIP/EDF Advances. These advances are available in terms ranging from 12 to 35 months and are offered at a discount of 20 basis points from the posted rate.

    Sample rates as of Wednesday: 5/16/2012

    12-month: 0.41%
    18-month: 0.52%
    24-month: 0.58%

    Contact Member Services at 800.973.6223 for rate quotes for specific terms.

    Please visit the CIP/EDF section of our website for program information and complete the CIP/EDF Application to apply. Contact the Community Investment Department with any questions regarding program requirements.

    Advances:

    Intermediate-Term, Fixed-Rate Advances

    Bullet:
    Maturity Rate
    30 days 0.38
    60 days 0.39
    90 days 0.40
    120 days 0.41
    180 days 0.44
    365 days 0.61
    Auction: As of 5/15/2012
    Maturity Rate
    28 day 0.30
    63 day 0.31
    91 day 0.32
    182 day 0.36

    Long-Term, Fixed-Rate Advances

    Bullet: Amortizing:
    Maturity Rate CIP/EDF Maturity Rate CIP/EDF
    2 year 0.78 2 year 0.75
    3 year 0.95 0.65 3 year 0.87 0.57
    4 year 1.23 0.93 4 year 1.02 0.72
    5 year 1.55 1.25 5 year 1.20 0.90
    7 year 2.07 1.77 7 year 1.55 1.25
    10 year 2.74 2.44 10 year 2.05 1.75
    15 year 3.42 3.12 15 year 2.66 2.36
    20 year 3.79 3.49 20 year 3.09 2.79
    30 year 4.21 3.91 30 year 3.60 3.30

    Amortizing rates assume equal principal payments over the life of the advance. Customized amortization is available.

    Adjustable-Rate Advances

    1-Month LIBOR:
    Maturity Standard Spread
    1 year 0.23
    2 year 0.32
    3 year 0.37
    4 year 0.46
    5 year 0.56
    CIP/EDF Spread
     
     
    0.07
    0.16
    0.26

     

    3-Month LIBOR:
    Maturity Standard Spread
    1 year 0.01
    2 year 0.13
    3 year 0.20
    4 year 0.31
    5 year 0.42
    CIP/EDF Spread
     
     
    -0.10
    0.01
    0.12

     

    Prime:
    Maturity Spread Standard Rate CIP/EDF Spread
    1 year -2.64 0.61
    2 year -2.53 0.72
    3 year -2.43 0.82 -2.73
    4 year -2.30 0.95 -2.60
    5 year -2.17 1.08 -2.47

    Short-Term Advances

    Maturity Rate
    Flexible Overdraft: 2.25
    Cash Management (CMA): .790
    7 days 0.68
    14 days 0.68

    Investments

    Deposits:
    DDA
    0.050
    Certificates of Deposit:
    Maturity Rate
    7 day CD 0.080
    14 day CD 0.080
    30 day CD 0.090
    60 day CD 0.110
    90 day CD 0.120
    120 day CD 0.130
    180 day CD 0.160
    12 mo. CD 0.210

    Money Market

    Fed Effective: Prime:
    0.16 3.25
    11th Dist COFI:
    1.163

    US Treasury Auction

      Discount Yield
    3 month 0.0950 0.0960
    6 month 0.1450 0.1473

    Prepayable Loan Indicative Index

    Our Prepayable Loan Indicative Index is designed to help Seattle Bank members assess the cost of match-funding a prepayable asset. The Index assumes funding of three-, five-, seven-, and 10-year assets that have either quarterly or one-time termination frequencies, commencing one or two years from inception. The Index is updated twice weekly.

    Maturity3 Yr5 Yr7 Yr10 Yr
    Fixed-rate Bullet Advance0.911.512.042.70
    Bermudan (Quarterly Exercise)
    1 Year non-call1.371.912.473.36
    (Spread to fixed-rate)0.460.400.430.66
    2 Year non-call1.251.762.303.15
    (Spread to fixed-rate)0.340.250.260.45
    European (One-Time Exercise)
    1 Year non-call1.291.752.253.04
    (Spread to fixed-rate)0.380.240.210.34
    2 Year non-call1.241.702.202.98
    (Spread to fixed-rate)0.330.190.160.28
    Rates as of
    (Indications only, Call Funding Desk for Live Indications)
    Download Today's Rates
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    Place an Order or Inquire About Our Products:

    Contact our Business Development Team to find out how our structured advance products can complement your funding mix. Call: 800.340.3452

    Contact our Member Services Team to order or inquire about any other advance product. Call: 800.426.7538

    Alternatively, please contact any member of our Member Services or Business Development Teams on their direct telephone line.
    Contact Us

    Related Links

    Advance Products

    Letters of Credit

    Putable Rate Analysis (pdf)

    Reduced Rate Advances for Community-Investment

    Historical Rates (xls)

    Contingency Funding

    Transaction Authorization for Funding (pdf)

    Product Spotlight

    International Wire Transfers

    The Seattle Bank offers convenient international wire transfers in all currencies for its members.

    Outgoing international wires must be initiated by 2:00 p.m. Pacific Time.

    Please complete the International Wire Transfer Request and contact Member Services with any questions.

    Terms and Conditions

    Posted rates are indications only. The Seattle Bank reserves the right to change its rates to reflect market conditions and other factors. Please contact our staff at the numbers listed above for current rate information.